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Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. Fresh EV registrations rose just 15 percent in January, according to data from S&P Global Mobility.

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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

The proposed JV is one of a number of new market expansions focused on the Russian car market, which the Boston Consulting Group this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Sollers had originally planned a joint venture with Fiat. Ford began producing cars in Russia in 2002.

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Ricardo white paper outlines needed developments to realize autonomous driving

Green Car Congress

Engineering firm Ricardo has published a white paper— Key Enablers for the Fully Autonomous Vehicle —highlighting the technologies and development processes that are needed to develop commercially feasible self-driving cars that meet consumer expectations while also achieving compliance with likely future transport regulations.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. Most consumers in this group expect a payback within three years. Source: BCG. Click to enlarge. Source: BCG.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.

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New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

Utilizing a single platform and global vehicle strategy, Chanje will subsequently introduce a full range of electric models including larger trucks and shuttle buses in a variety of lengths and capacities, all aimed at the urban vehicle segment. FDG and Chanje co-created the product. s top law firms, the US EPA and other.

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U.S. EV adoption is happening faster than anticipated

Teslarati

In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said.